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WASHINGTON / Content Syndication Services / – Oil prices rose more than $2 a barrel on Thursday as traders reacted to new tensions around the Strait of Hormuz and a sharp fall in U.S. crude inventories. Brent crude futures climbed $2.30, or 2.47%, to $95.40 a barrel. U.S. West Texas Intermediate crude gained $2.60, or 2.89%, to $92.63 a barrel. The gains followed an earlier move in Asian trading, when Brent rose to $94.58 a barrel and WTI reached $91.74. U.S. crude futures had gained more than $3 earlier in the session before trimming part of the increase. The rise kept crude oil prices near recent…

NEW YORK / Content Syndication Services / – U.S. stocks closed mixed Tuesday as renewed pressure on technology and semiconductor shares pulled the S&P 500 and Nasdaq Composite lower. The Dow Jones Industrial Average rose 86.10 points, or 0.17%, to 50,872.11. The S&P 500 fell 19.08 points, or 0.26%, to 7,386.65. The Nasdaq dropped 250.84 points, or 0.97%, to 25,678.82. The session opened with gains but turned lower as tech selling resumed. The Nasdaq fell more than 3% during the day before cutting its loss. The S&P 500 also swung between gains and losses. The Dow stayed positive at the close, helped by strength…

NEW YORK / Content Syndication Services / – Global oil prices fell sharply as Brent crude futures dropped more than 4% during trading before settling lower, extending volatility in energy markets tied to Middle East supply routes. Brent closed down 3% at $91.45 a barrel after touching its lowest level since April 17. U.S. West Texas Intermediate crude settled 3.4% lower at $88.20 a barrel. The slide followed statements from Iran and Israel that they had stopped attacks after a call from U.S. President Donald Trump. The decline eased some of the recent pressure on oil prices, which had moved sharply during weeks…

WEF says geoeconomic fragmentation costs the global economy up to $307 billion a year and adds pressure to inflation, trade and finance.

U.S. stocks closed lower in a broad sell-off as the Dow, S&P 500 and Nasdaq retreated from recent highs amid oil and inflation concerns.

Treasury yields rose near 4.5 percent after private payroll gains, job openings and oil prices shaped inflation-sensitive trading.

Peter Schiff’s U.S. stock warning returns as elevated valuations, federal debt, inflation and steady Fed rates frame market risks.

ChatGPT reached 1 billion monthly active app users worldwide in May 2026, marking a record milestone in global AI adoption.

Gold prices rose as U.S. Treasury yields eased, supporting bullion while investors tracked Fed policy, jobs data and metals demand.

European Parliament trade MEPs advanced EU-US tariff legislation covering U.S. goods, safeguards and a June plenary vote in Brussels.